Metropolitan market · Tennessee · September 2026 data

What is the Jackson, TN real estate market doing?

As of September 2026, the median home listed in Jackson, TN asks $297,450, down 3.3% year over year. Homes spend a median of 68 days on market, with 701 active listings and 22% carrying a price cut; pending contracts equal 29% of active listings, and inventory sits at 115% of the same month in 2019 — a buyer's market. Estimated gross rental yield on the median listing is 4.7%. Figures come from public records and industry data, updated monthly.

Median listing price
$297,450
▼ 3.3% YoY
Median $ / sq ft
$158
1,879 sq ft median
Median days on market
68
September 2026
Active listings
701
For sale now
New listings
180
September 2026
Listings with price cuts
22%
Share of active
Inventory vs 2019
115%
Same month, 2019 = 100
Pending / active
29%
Contract activity
Median sale price (closed)
$261,500
▲ 9.0% YoY · closed sales · July 2026
Sale-to-list ratio
97.3%
Closed sales · July 2026, seasonally adjusted
Homes sold / month
200
Closed sales · July 2026, seasonally adjusted

What is the Jackson, TN housing market doing right now?

The Jackson, TN housing market lists at a $297,450 median as of September 2026, down 3.3% year over year, with a 68-day median market time and 701 homes for sale (22% with a price cut). Active inventory is 115% of the 2019 level, reading as a buyer's market under WealthyBud's published buyer/seller rule. Gross rental yield is about 4.7%.

Jackson housing market statistics

The table summarizes Jackson's key housing figures for September 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data. Closed-sale figures are Redfin's July 2026 data, the latest settled month Redfin reports for Jackson.

Jackson, TN housing market at a glance — September 2026
MetricLatestDetail
Median listing price$297,450-3.3% YoY
Median price per sq ft$1581,879 sq ft median
Median days on market68+12% YoY
Active listings701+5% YoY
New listings this month180September 2026
Listings with a price cut22%Share of active
Median sale price (closed)$261,500+9.0% YoY · closed sales, July 2026
Sale-to-list ratio97.3%Closed sales, July 2026, seasonally adjusted
Pending-to-active ratio28.7%201 pending
Inventory vs 2019115%Active listings vs same month in 2019
Gross rental yield4.7%2BR fair market rent

How have home prices changed in Jackson?

Jackson home prices are down 3.3% year over year and -0.8% month over month as of September 2026, at a $297,450 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.

$308K$303K$298K$294K Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26Q3'26

Median listing price, Jackson TN · trailing 8 quarters · source: public records and industry data.

The 10-year view
$310K$263K$217K$171K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Jackson TN · June of each year, 2017–2026 · source: public records and industry data.

How much inventory is on the market in Jackson?

Jackson has 701 active listings, 180 new this month, 201 pending as of September 2026. About 22% of active listings have cut their price, and inventory sits at 115% of its 2019 level — a buyer's market by pace.

Active listings
701
New this month
180
Pending
201
Price-reduced
156

Is Jackson a good real estate investment?

Jackson scores 41/100 on WealthyBud's composite Investor Score, ranking #638 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.

Investor Score
41/100
#638 of 933 covered metros
12-month outlook
-3.2%
▼ Cooling · model output, not advice
Price volatility
High
σ 6.8% · 20-yr price-index swings
Momentum
40
Value
29
Rental yield
72
Supply risk
72
Market heat
35

Jackson scores 41/100 on our composite Investor Score (#638 of 933 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; the metro's long-run house price index has it up 67% over five years and +111% over ten, leaving prices 86% above its own 2000–2019 trend; at the published FY2026 fair market rent of $1,153/mo for a two-bedroom, the gross rental yield on the median listing is about 4.7%; active inventory sits at 115% of its June 2019 level, so supply is fully rebuilt past pre-pandemic norms; listing prices are down 3.3% year over year; all against a national 30-year fixed mortgage rate of 7.28% (national weekly average, 2026-10-01).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Jackson ranks on the trending markets index.

How much is a monthly mortgage payment in Jackson?

A home at Jackson's $297,450 median listing runs about $1,628 a month in principal and interest — 20% down on a 30-year fixed loan at the current 7.28% national average rate. Taxes, insurance and HOA are extra.

If rates fall 1% · 6.28%
$1,470/mo
−$158/mo vs today
At today's rate · 7.28%
$1,628/mo
National weekly average
If rates rise 1% · 8.28%
$1,793/mo
+$165/mo vs today

Principal & interest on the $297,450 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 7.28% (national weekly average, 2026-10-01). Model a full deal in the deal analyzer.

How much income do you need to buy a home in Jackson?

To buy Jackson’s $297,450 median listing with 20% down, a household needs about $76,000 a year in gross income, keeping principal, interest and property tax ($1,784/mo) at 28% of income. That is 1.3× the area’s $58,740 median household income, so a typical Jackson household cannot afford the median listing on these terms.

Income needed to buy the median home in Jackson, TN — September 2026
ItemAmountBasis
Median listing price$297,450September 2026
Down payment (20%)$59,490Assumption
Principal & interest (7.28%, 30-yr fixed)$1,628/moRate as of 2026-10-01
Property tax (0.63% effective rate)$156/moCensus ACS
Income needed (28% rule)$76,000Gross household income / yr
Median household income$58,740Census ACS 2023 ACS 5-year

Excludes homeowners insurance, HOA dues and mortgage insurance, so the true income needed is higher. Compare every market in the income-needed ranking and the price-to-income ranking.

What is driving the Jackson housing market?

Longer-run demand in Jackson shows up in 412 homes permitted in 2025; net migration of +174 residents; +0.4% job growth. Natural-hazard risk rates Relatively Moderate. These federal supply-pipeline, migration and jobs signals shape where prices head next.

Building permits (2025)
412
▼ 7.6% vs 2024
2.3 per 1,000 residents
Net migration (2022–2023)
+174
▲ people, via tax-return records
net income flow +$18.5M/yr
Job growth (YoY)
+0.4%
▲ 89.9k nonfarm jobs · August 2026
Natural-hazard risk
Relatively Moderate
National hazard index · top hazard: Earthquake

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

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Jackson housing market FAQ

What is the median home price in Jackson?
As of September 2026, the median listing price in Jackson, TN is $297,450, down 3.3% year over year (source: public records and industry data). Figures cover the Jackson, TN metro area.
How much does it cost to buy a home in Jackson?
The median home listed in Jackson asks $297,450 as of September 2026. With 20% down on a 30-year fixed loan at the current 7.28% national average rate, that runs about $1,628 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Jackson?
The median property in Jackson spends 68 days on the market, with 701 homes actively listed and 22% of them carrying a price cut — a buyer's market as of September 2026.
Is it a buyer's or seller's market in Jackson?
With a median 68 days on market and 22% of active listings carrying a price cut, pending contracts at 29% of active listings, Jackson reads as a buyer's market as of September 2026. Labels use WealthyBud's published DOM / sale-to-list / price-cut / pending rule. Conditions shift monthly.
Is Jackson a good place to invest in real estate?
Jackson scores 41/100 on WealthyBud's Investor Score, ranking #638 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Jackson?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Jackson and the wider Tennessee market, ranked by recent sales from public profile data.
Based on public records and industry data, September 2026 — see our methodology for how every figure is computed. Figures cover the Jackson, TN metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.

More Tennessee housing markets

Priya Nandakumar Housing Economist

Priya Nandakumar is a housing economist who tracks national and regional housing-supply trends, mortgage rates and affordability using public Census and housing-starts data. She translates federal housing releases into metro-level takeaways for buyers and investors.

Editorial persona: WealthyBud bylines are editorial personas, not real individuals. Pages are produced by the WealthyBud research team from the public data cited on each page.